Post
Topic
Board Altcoin Discussion
Re: TRON is bad coin, here is why
by
Kavelj22
on 05/03/2024, 14:09:03 UTC
It is cheaper than Ether. This is the biggest good reason that explains the success of Tron, after it succeeded in attracting a large portion of Ethereum users, especially those searching for the best way to complete financial transactions. However, in terms of development, Ethereum is superior to other networks, and the number of active applications on Ethereum can be noted. The other problem with Ethereum is that high fees lead to low transaction speeds. Therefore, higher fees and a delay in confirmation. Unfortunately, these problems will increase after moving from pow to pos.

Cost-efficiency is NOT a guarantee a crypto project will be successful in the long run. I've seen many "shitcoins" with cheap fees and fast confirmation times, only to be forgotten because of lack of development and innovation. Remember, it's not about the hype. But rather the utility of any given cryptocurrency.

I'm afraid TRON will die soon, especially when investors prefer other coins. It's been years without any substantial movement in market prices. It would be a "miracle" if TRX hits $1 in the future. The competition is fierce, but there can only be one winner. And we all know no one can beat the "King of Altcoins" (ETH). Cheesy

I will agree with you on this point of view on a very important consideration, which is that the most important successful application on the Tron network is for the stable currency Tether, which can be considered the most prominent reason for explaining the demand for Tron. The problem here is not with the network itself, but rather with the concept of stable currencies in general, which suggests that these currencies are always on the brink of collapse because they exist without guarantees or reserve cover. I mean, can you imagine with me the collapse of Tether in the near or medium term, or the emergence of another, more stable currency on another network? Who will use Tron then?